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    Property profile & analytics

    874 Memorial Ave West Springfield, MA 01089-3514

    • Auto shops
    • 3,542 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimation
    $1,640,000
    Last Sale
    Feb 10, 2025
    $1,561,000
    Location Intelligence
    Property ID
    US38-1127594
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dean Moke America of West Springfield / Car Dealer
    • EnviroClean Air Duct cleaning / Air Duct Cleaning Service

    Property Details for 874 Memorial Ave

    Year built
    1987
    Construction
    STEEL FRAME
    Lot size
    1.06 lot acres
    Property size
    3,542 SF
    Property type
    Auto shops
    APN
    WSPR M:00371 B:15420 L:00011
    APU
    WSPRM00371B15420L00011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,670,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,535,000
      6.5%
      $1,535,000
      7%
      $1,375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,430,000
      Geo Method
      $1,655,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,695,000
      Retail
      $1,555,000
      Mixed-Use
      $1,595,000
      Hospitality
      $1,570,000
      Educational
      $1,595,000
      Residential Income
      $1,275,000
      Energy
      $1,500,000
      Income-Based Land
      $1,735,000
      Food Service
      $1,570,000

    Location Insight

    • Map
    • Local Demand
    City
    West Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6119
    Latitude
    42.0956
    CBSA code
    44140
    CBSA name
    SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $21,834
    $307,600
    $425,100
    $732,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $290,000
      7,250 SF

      75 School St

      AUTO REPAIR, GARAGE • 7,250 SF
      75 School St, West Springfield, MA 01089-5508
      View Details
    • Value Estimation
      $305,000
      10,701 SF

      120 Bosworth St

      AUTO REPAIR, GARAGE • 10,701 SF
      120 Bosworth St, West Springfield, MA 01089-3503
      View Details
    • Value Estimation
      $255,000
      1,755 SF

      777 Memorial Ave

      AUTO REPAIR, GARAGE • 1,755 SF
      777 Memorial Ave, West Springfield, MA 01089-3512
      View Details
    • Value Estimation
      $325,000
      4,285 SF

      173 Riv St

      AUTO REPAIR, GARAGE • 4,285 SF
      173 Riv St, West Springfield, MA 01089-3661
      View Details
    • Value Estimation
      $225,000
      682 SF

      130 Norman St

      AUTO REPAIR, GARAGE • 682 SF
      130 Norman St, West Springfield, MA 01089-5004
      View Details
    • Value Estimation
      $9,190,000
      22,140 SF

      180 Daggett Dr

      AUTO REPAIR, GARAGE • 22,140 SF
      180 Daggett Dr, West Springfield, MA 01089-4667
      View Details

    Similar Nearby for Sale

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      1,500 SF

      West Springfield Auto Garage For Sale

      Functional auto garage with recent updates and business potential.
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      9,576 sq. ft. commercial building with steady and seasonal income.
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      17,424 SF office building with 105 parking spaces.
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    • $2,100,000

      West Springfield Office Investment Opportunity

      Prime commercial real estate package with leaseback in downtown.
      217-241 Park Ave, West Springfield, MA 01089
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    • $2,450,000
      23,554 SF

      West Springfield Mixed-Use Complex

      Prime location, KeyBank leaseback, high potential.
      225 Park Ave, West Springfield, MA 01089
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    • $549,900

      Leased Investment Property For Sale

      100% leased investment property in West Springfield.
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    Similar Nearby for Lease

    • $15 SF/Yr
      650 SF

      West Springfield Retail/Office Space

      Retail or office space with high visibility on Main Street.
      436 Main St, West Springfield, MA 01089
      View Details
    • $15,000 /Mo

      Prime Corner Retail Opportunity

      Retail space across from Eastern States fair grounds.
      1718 Memorial Ave, West Springfield, MA 01089
      View Details
    • $2,000 /Mo
      200 SF

      Memorial Avenue Retail Space

      Retail space on Memorial Ave, West Springfield.
      338-356 Memorial Ave, West Springfield, MA 01089
      View Details
    • $2,500 /Mo

      Versatile Commercial Space on Memorial

      1,000 sq ft West Springfield space for lease.
      745 Memorial Ave, West Springfield, MA 01089
      View Details
    • $2,000 /Mo

      Memorial Ave Storefront For Lease

      2,000 sq ft retail space on Memorial Ave.
      358 Memorial Ave, West Springfield, MA 01089
      View Details
    • $25 SF/Yr
      2,807 SF

      Prime Retail Space on Riverdale

      2,807 SF retail space on West Springfield's 'Golden Mile'.
      1107 Riverdale St, West Springfield, MA 01089
      View Details

    Property Visit Statistics

    • Visits by month
      1.3k
    • Visitors by month
      1.1k
    • Avg Time on site
      34 min
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    874 Memorial Ave
    West Springfield, MA 01089-3514
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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